Bitcoin Halving Process and Its Effects

As Bitcoin’s halving event approaches, there is increased activity in the cryptocurrency market. In previous periods, a 30-40% decrease in sales has been observed after halving, but approximately 480 days later, price records are expected. However, it is suggested that this time the spot Bitcoin ETF could change the market dynamics. Halving Process in BTC In the period before halving, although Bitcoin experienced declines, these declines were slightly lower than in previous cycles. The recent decline was around 15%, and experts expect a tendency to rise again after halving. However, it is emphasized not to expect impressive price increases in 2020. Recent Situation in Bitcoin Holders Long-term Bitcoin holders have reached record levels, holding over 70% of the total circulating BTC. As investors’ interest in Bitcoin ETFs increases, the market’s effects are being questioned. It is stated that long-term investors act according to macroeconomic conditions and long-term return potential. Useful […]

Bitcoin Halving Process and Its Effects

As Bitcoin’s halving event approaches, there is increased activity in the cryptocurrency market. In previous periods, a 30-40% decrease in sales has been observed after halving, but approximately 480 days later, price records are expected. However, it is suggested that this time the spot Bitcoin ETF could change the market dynamics.

Halving Process in BTC

In the period before halving, although Bitcoin experienced declines, these declines were slightly lower than in previous cycles. The recent decline was around 15%, and experts expect a tendency to rise again after halving. However, it is emphasized not to expect impressive price increases in 2020.

Recent Situation in Bitcoin Holders

Long-term Bitcoin holders have reached record levels, holding over 70% of the total circulating BTC. As investors’ interest in Bitcoin ETFs increases, the market’s effects are being questioned. It is stated that long-term investors act according to macroeconomic conditions and long-term return potential.

Useful Information for Reader

Significant price increases are expected in the market following the Bitcoin halving event.
The presence of the spot Bitcoin ETF may affect market dynamics.
As the number of long-term Bitcoin holders increases, it is likely that market stability will also increase.

In summary, the halving process of Bitcoin signifies an important period for both investors and the market. While experts are expecting a rise after halving, caution should be exercised regarding the consequences of new market dynamics.

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